46 posted 2 years ago by NihilistCaregiver 2 years ago by NihilistCaregiver +46 / -0 59 comments share 59 comments share save hide report block hide replies
What’s the spot price on soybeans and rice?
That being said next year is going to bad. Last year nitrogen was $350 a ton. This year it was $700 a ton. We booked what we could at between $900-1000 a ton. Right now it’s $1500 a ton and we can’t book anymore.
Honestly, staple crops are a great way to turn a large fortune into a small fortune.
And the next two years are going to be bad, bad, very bad for commodity agriculture.